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Economic Support Package Archives - Care Accountancy

December 22, 2020

The government must extend SEISS Self-employment Income Support Scheme to fulfil their commitment with employed workers, says IPSE. Chancellor Rishi recently announced the extension of the coronavirus (COVID-19) Job Retention and loan schemes from March until April 2021. IPSE welcomed this announcement. However, it claims that self-employed workers have received less comprehensive support from the...

October 26, 2020

Chancellor announced increases in financial support for businesses yesterday to support businesses affected by COVID restrictions. Sunak highlighted that the current three-tier approach to introducing lockdown measures was ‘the right way to control the spread of the virus’. However, he acknowledged that ‘even businesses which remain open face profound economic uncertainty.’ So far, enhanced support...

July 19, 2020

UK businesses have now borrowed over £46 billion through the government-backed coronavirus loan schemes. These schemes are helping firms during the coronavirus (COVID-19) crisis, according to the latest figures from the Treasury. In total, £46.3 billion has now been lent to over 1.1 million businesses through the following schemes: Bounce Back Loan Scheme (BBLS) Coronavirus...

July 4, 2020

The government has expanded its Future Fund scheme for start-ups businesses. The reforms in scheme aim to support start-up businesses not eligible for other Coronavirus (Covid-19) rescue measures. The start-ups that have previously taken part in accelerator programmes can now easily access the Future Fund Scheme. However early-stage firms might continue to struggle. This means...

May 2, 2020

  Lenders have given over 1.6 million mortgage payment holidays to support customers impacted by Coronavirus, UK Finance revealed. Payment holidays are now covering 1/7 mortgages following lenders’ steps to help households. Coronavirus crisis has affected the finances of homeowners badly. For the average mortgage holder, the payment holiday amounts to £755 per month of...

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CareAccountancyOffices
94 Street Lane, Leeds
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OUR LOCATIONSWhere to find us
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GET IN TOUCHCare Accountancy Social Links
Taking seamless key performance indicators offline to maximise the long tail.

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Copyright by CareAccountancy. All rights reserved.